The purchase of a property is typically financed through a mortgage agreement where the property is financed through borrowed funds from the lender. The borrower is required to repay this loan amount, plus interest, via a predetermined repayment schedule....
"The existence of recognised and regulated super-funds that invest according to Islamic Finance principles is hence a welcome advancement, as it lessens such constraints," he says. Australia is among the nations in which Islamic Finance is growing most ra...
Australia is well placed to take advantage of the opportunities resulting from the growth in Islamic finance. The Rudd Government firmly believes that Islamic finance can increase the depth and sophistication of our financial markets. Australia's solid pe...
